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  1. #1
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    What is the benefit for GST in India?

    What is the benefit for GST in India?

  2. #2
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  8. #8
    Host Designer
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    Advantages of GST are:-

    1. It is a transparent tax and also reduce number of indirect taxes.
    2. It will be levied only at the final destination of consumption based on VAT principal.
    3. There is no doubt that in production and distribution of goods services will increase out.
    4. Benefit people as prices will come down which in turn help the companies as consumption will increase.
    5. No hidden cost.

  9. #9
    Host Designer
    Join Date
    Nov 2017
    Posts
    182
    Advantages of GST are:-

    1. It is a transparent tax and also reduce number of indirect taxes.
    2. It will be levied only at the final destination of consumption based on VAT principal.
    3. There is no doubt that in production and distribution of goods services will increase out.
    4. Benefit people as prices will come down which in turn help the companies as consumption will increase.
    5. No hidden cost.


 

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